The Pennsylvania Insurance Department (PID) has yet to make a decision on a mid-year increase in workers’ compensation (WC) costs – despite the Nov. 1 effective date, proposed by the Pennsylvania Compensation Rating Bureau.
The PCRB in August asked for a 6.06 percent increase in loss costs mid-year as a direct result of Pennsylvania Supreme Court’s decision in Protz v. WCAB (Derry Area School District). Throwing a wrench into the approval process is a recent objection and request for a hearing filed by the Pennsylvania Association for Justice (trial bar), which challenges the calculations used by the PCRB to come up with the proposed increase.
By law, the PID has 180 days (until February) to consider the PCRB’s request for an increase.
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